Sikkim-Manipal University of Health Medical and Technological Sciences (SMUHMTS) 2007 M.B.A 1st MANAGERIAL ECONOMICS - Question Paper

c. Marries growth Maximization Model
d. None of these

30. Boumal thinks managers are more interested is maximizing …. Than profit.
a. Salary b. Incentives
c. Sales d. None of these

31. AR and MR curves slopes downwards under the conditions of …. competition
a. Monopoly b. Perfect
c. Imperfect d. None of these

32. …. may be described as a group of products which have similar physical features & perform generally similar functions
a. Product line b. Product group
c. Total product d. None of these

33. The qty brought and sold at the equilibrium price is called….
a. Average qty. b. Equilibrium qty.
c. Total qty. d. None of these

34. …..may be described as the excess or surplus income received by a seller over above the price at which he is willing to sell a product.
a. Producer’s surplus b. Consumer surplus
c. Surplus d. None of these

35. If the value varies as a outcome of variation in the value of identical other variables at is called…
a. Independent variable b. Dependent
c. Flow d. Stock

36. … expresses the relationship ranging from the qty of output produced and the number of labourers employed for a specific time period
a. Output labour ratio
b. Capital output ratio
c. Capital labour ratio
d. Saving income ratio

37. …..is an index of prices paid by producers for their inputs.
a. Index number
b. Consumer price index
c. Whole sale price index
d. None of this

38. A business firm is an …..
a. Economic. unit b. Profit unit
c. Cost unit d. Non –economic unit

39. Investment which varies with the change in the level of national income is called …
a. Foreign inv. b. Autonomous inv.
c. Induced inv. d. Public inv.

40. Taxes determined on the basis of value of a particular product are called …
a. Regression Tax b. Advalorem Tax
c. Sales Tax d. None of these



PART – B

41. Which is the characteristic feature of Recovery or Revival
a. Diversification is inv. or inv is new region
b. Absence of incentives for production as the mkt has become dull
c. Increase in govt. expenditure so as to increase purchasing power in the hands of consumers.
d. MEC raies leading to business expansion
a. I & IV b. I & III
c. II & IV d. III & IV

Earning:   Approval pending.